CARROT is an elastic stablecoin 1:1 pegged to BUSD. It upgraded the algorithm of AMPL. RABBIT holder can stake RABBIT to the Boardroom to get CARROT Inflation Reward. Rabbit Finance will continue to invest Auto Compound Reserve to provide liquidity of CARROT.
Token Name: CARROT STABLE COIN
Contract Address: 0xA5043373edC09f3f7d87Fe35CA933e0a7B59D005
Total Supply: the initial supply of CARROT is elastic, according to the market
Decimals of Precision: 18
Trading Market: CARROT/BUSD on MDEX-BSC
The initial supply of CARROT is elastic, according to the market. Circulation supply is elastic according to the market.
The initial circulation of CARROT is 1000, the 1000 CARROT+BUSD LP is added to initial liquidity pool.
The CARROT/BUSD-LP will be transact into the blackhole address for destruction
How to Obtain CARROT?
Stake RABBIT to the Boardroom, and distribute the additional issuance proceeds according to the percentage of the staked when the CARROT issuance.
Or you can obtain CARROT through CARROT/BUSD trading on MDEX.